joshuabarksatlc s
Level 10
10-06-2021
07:17 PM
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1. Federal Sch D Part I doesn't foot. Resolved.
Do NOT enter wash sale and AMD info in a single item. the AMD amount got pick up on Sch B but NOT adjusted on Sch D. Without a wash sale amount, an input in AMD works just fine.
2. While exporting K-1 from a partnership to partners (all are clients of mine), only the State amount but not the federal was carried over (U.S./CA difference due to US bond income). The federal amount was blank, as in zilch, nada and none. Still NOT explained by Lacerte. Only a suggested solution by Lacerte support:
enter the federal amount manually.
We old timers know about GIGO.
Sometimes, Treasure in, still Garbage out.
Must check output.
I come here for kudos and IRonMaN's jokes.